Phase 2 Investment Strategy with 6:1 Competition Ratio

For Phase 2, the qualifying participants are advised to invest 0.2 SOL, with a total fundraising target of 200 SOL from over 1,000 participants. If the participant count exceeds 1,000, the allocation per person drops to a maximum of 0.05 SOL, applicable to up to 4,000 participants. The remaining amount, 0.15 SOL, will be refunded to the wallet. It is evident that reaching 4,000 participants will be extremely tight, so it's reasonable to expect that participants in Phase 2 will invest 0.2 SOL but receive only 0.05 SOL due to the allocation cap. With approximately 25,000 eligible wallets, the competition ratio is about 6 to 1.